Welcome to the Crypto Market Dominance Guide
This page helps you understand what “market dominance” in the crypto space
means, with a special focus on Bitcoin, Ethereum, and Tether volume. We’ll also explain how Tether volume influences market sentiment.
What is Market Dominance?
In the cryptocurrency world, market dominance refers to
the percentage of the total cryptocurrency market’s value that a single
coin (like Bitcoin) or a group of coins holds. For example, if Bitcoin’s
dominance is 50%, it means Bitcoin’s total value equals half of the value
of all cryptocurrencies combined.
Tether trading volume is currently moderate, averaging $118.84 billion. This indicates a balanced or optimistic market sentiment.
Bitcoin dominance in the last 24 hour
Current Market Dominance Data
Bitcoin Dominance
Current: 57.32%
30-Day Change: -0.69%
Last Month: 59.06%
Last Week: 55.86%
Yesterday: 57.75%
Bitcoin dominance in the last 24 hour
Ethereum Dominance
Current: 12.15%
30-Day Change: -0.01%
Others Dominance
Current: 30.53%
30-Day Change: 0.71%
Alt coin dominance in the last 24 hour
Market Predictions
Altcoin Prediction: The market is showing signs of an upcoming altcoin pump, as Bitcoin dominance has declined over the past month and Tether volume is moderate.
Recommendation: It might be a good time to buy altcoins, as they could perform well during this pump.
Ethereum Prediction: Ethereum’s dominance is declining, indicating that ETH may lose ground to Bitcoin or other altcoins.
Recommendation: Selling Ethereum may be prudent as it loses dominance.
Bitcoin Recommendation: Consider selling Bitcoin as dominance declines and investors show interest in altcoins.
All data is for informational purposes only. Always do your own research before investing.